Archives for stress tests

The BIS Basel Committee has today released its assessment of the EU’s (and the USA’s) implementation of the Basel III rules on bank capital and it does not make good reading for the EU. They key findings of the report are (as detailed in the press …

The Slovenian Central Bank this morning released the long anticipated results of the stress test of Slovenian banks. The full results can be found here, while the press release is available here and a reader-friendly Q&A here. The release did not …

Bloomberg reports on a potential proposal by the European Commission to alter the EU’s ‘Balance of Payments’ (BoP) facility to allow it to aid banks which may need to be recapitalised in the aftermath of next year’s ECB Asset Quality Review and…

Here is the full report (and the bank-by-bank results) from the latest Spanish bank stress test exercise. Below we provide the key points and our initial thoughts on them. The tests put the total capital needs of Spanish banks at €59.3bn, but Spanis…

The Spanish government held a press conference this afternoon finally laying out its plans for dealing with its significantly troubled banking sector. As usual Spanish Prime Minister Mariano Rajoy dodged the limelight and left the unenviable task of pr…

The Stress Test results are out! It looks like 8 have been judged to have failed but interestingly 16 came close to failing. Given how lenient the adverse scenario is (especially given recent market turbulence relating to Spain and Italy) that is fairl…

Yesterday afternoon Ireland announced the results of its recent round of banking stress tests. They showed that the banks need €24bn to recapitalise; that is undoubtedly a huge number for an economy the size of Ireland’s. So why are investors not r…

Remember the EU’s banking “stress tests”, which were supposed to determine the health of the key financial institutions across Europe? The tests, that were published last summer, infamously cleared all Irish banks. Only a couple of months later, two of…